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News: Economy

Cyprus news in the “Economy” category — updated throughout the day.

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Bank of Cyprus Expected to Post €119 Million Third-Quarter Profit, Alpha Finance-AXIA SaysEconomy
Economy

Bank of Cyprus Expected to Post €119 Million Third-Quarter Profit, Alpha Finance-AXIA Says

Alpha Finance-AXIA forecasts Bank of Cyprus will report third-quarter 2026 net profits of €119 million, with interest income and lending growth offsetting higher operating costs.

November 3, 2026
Central Bank of Cyprus Sets 1% Systemic Risk Buffer for All Banks From December 2026Economy

Central Bank of Cyprus Sets 1% Systemic Risk Buffer for All Banks From December 2026

The Central Bank of Cyprus will require all authorised credit institutions to hold a 1 per cent systemic…

November 3, 2026
Christodoulides urges state and private sector to join forces on investment as study shows limited Limassol housing choiceEconomy

Christodoulides urges state and private sector to join forces on investment as study shows limited Limassol housing choice

President Nikos Christodoulides called for closer public-private cooperation on investment and housing, while an Ask Wire study found…

November 3, 2026
National Bank of Greece to publish nine-month results on November 4, 2026Economy

National Bank of Greece to publish nine-month results on November 4, 2026

National Bank of Greece will release its nine-month results on November 4, 2026 after trading ends, followed by…

November 3, 2026
Cyprus Government Has Committed Over €1 Billion to Cost of Living Support Since 2023Economy

Cyprus Government Has Committed Over €1 Billion to Cost of Living Support Since 2023

Finance Minister Makis Keravnos said five support packages have been funded since 2023 to counter inflation linked to…

November 2, 2026
Cyprus Ship Registry Fleet Grows About 27 Per Cent Since September 2023, Deputy Minister SaysEconomy

Cyprus Ship Registry Fleet Grows About 27 Per Cent Since September 2023, Deputy Minister Says

Shipping Deputy Minister Marina Hadjimanolis told parliament that 119 vessels have joined the Cypriot flag in 2026 as…

November 2, 2026
Only 1.8 per cent of Limassol apartments fit average household budget, Ask Wire study findsEconomy

Only 1.8 per cent of Limassol apartments fit average household budget, Ask Wire study finds

A study by real estate analytics firm Ask Wire found that just 1.8 per cent of two- and…

November 2, 2026
Eurobank buys back 1,555,730 own shares for about €6.74 million in late OctoberEconomy

Eurobank buys back 1,555,730 own shares for about €6.74 million in late October

Eurobank said it bought 1,555,730 of its own shares on the Athens exchange between October 26 and October…

November 2, 2026
Christodoulides Calls for Closer State-Private Sector Cooperation to Attract InvestmentEconomy

Christodoulides Calls for Closer State-Private Sector Cooperation to Attract Investment

President Nikos Christodoulides told the Association of Large Investment Projects that the state and private sector should work…

November 2, 2026
GAP Vassilopoulos reports lower first-half 2026 profit despite 6.03 per cent revenue riseEconomy

GAP Vassilopoulos reports lower first-half 2026 profit despite 6.03 per cent revenue rise

GAP Vassilopoulos Public Ltd posted a profit of €1.26 million for the first half of 2026, down from…

November 2, 2026
CSE suspends trading in iDNA Genomics bonds over missing trusteeEconomy

CSE suspends trading in iDNA Genomics bonds over missing trustee

The Cyprus Stock Exchange has halted trading in iDNA Genomics Public Ltd bonds for up to two months…

November 2, 2026